Stock Market & Financial Investment News

Heinz to be acquired by Berkshire and 3G for $28B, CNBC reportsBerkshire Hathaway (BRK.A, BRK.B) and private equity firm 3G Capital Partners are set to acquire Heinz (HNZ) for $28B or $72.50 per share, CNBC's Andrew Ross Sorkin reports. The deal price represents a 20% premium for Heinz when compared to yesterday's closing price. Heinz shares are up 20%, or $12.07, to $72.55 in pre-market trading following CNBC's report.

Barnes Group reports Q2 adjusted EPS 62c, consensus 61cReports Q2 revenue $315M, consensus $319.83M. Q2 industrial sales were $202.6M, down 5% from $212.8M in the same period last year. Q2 aerospace sales were $112.4M, up 3% from $109.3M in the same period last year.